First Media (Indonesian media company)

PT First Media Tbk

Formerly	PT Safira Ananda (1994–1995) PT Tanjung Bangun Semesta (1995–2000) PT Broadband Multimedia Tbk (2000–2007)
Company type	Public
Traded as	IDX:  KBLV
Industry	Media Telecommunications
Predecessors	PT Anditirta Indonusa
Founded	1994
Headquarters	Jakarta , Indonesia
Key people	Peter F. Gontha (Co-founder) Harianda Noerlan (President Director) Teguh Pudjowigoro (President Commissioner)
Services	Cable TV Broadband
Revenue	Rp 1.308 trillion (2016)[ citation needed ]
Net income	Rp -1.587 trillion (2016)
Total assets	Rp 12.779 trillion  (2016)
Subsidiaries	LinkNet First Media Television First Media Production DeltaNet Internux Prima Wira Utama Media Sinema Indonesia Lynx Mitra Asia MSH Niaga Telecom
Website	www.firstmedia.com

PT First Media Tbk is an Indonesian media and telecommunications company which primarily focused on pay cable television and Internet services.^{[ citation needed ]}

Ownership

The company was primarily owned by the Lippo Group, but in late 2019 the group began reducing the shares it owned. ^[1] By August 2021, Axiata (who operates the XL network) obtained the majority shares of First Media's subsidiary, LinkNet. ^[2]

References

1. Safitri, Kiki (December 3, 2019). "Setelah OVO, Kini Lippo Group Lepas Saham First Media, Mengapa?". Kompas.com (in Indonesian). Retrieved August 10, 2021.
2. "XL Axiata Akuisisi 66 Persen Saham Link Net, Dampak ke Pelanggan First Media?". Tempo.co (in Indonesian). August 1, 2021. Retrieved August 10, 2021.